Manufacturing Equipment Financing

Manufacturing Equipment Financing and Leasing covers more assets that we could possibly list due to the broad spectrum of manufacturing and processing applications that exist today in Canada.

Here is a list of some of the more common types of equipment that can be financed through banks and leasing companies.

Welder

Arc Welder

Gas Welder

Mig Welder

Tig Welder

Plasma Cutter

Stick Welder

Hoist

Pantograph

Polishing Machine

Finishing Machine

Scale

Transformer

Wire Fastener

Screw Machine

Food ProcessingEquipment

Canning Equipment

Bottling Equipment

Cutter

Slicer

Food Washing Equipment

Dry Line

Metal Working Equipment

Grinder

Grinding Machine

CNC Machine

CNC Lathe

Milling Equipment

Vertical Mill

Band Saw

Conveyor

Comparator

Crane Bridge

Crane Jib

Deburring Equipment

Degreaser

Dehumidifer

Disintegrator

Dust Collector

Feeding Equipment

Filtration Equipment

Forging Equipment

Founding Equipment

Frame Cutting Equipment

Circuit Board Feeder

Circuit Board Sorter

Laminator

Placement Equipment

Through Hole Processing

Soldering Equipment

Semiconductor Equipment

Etcher

Labler

Shrink Wrap Machine

Blow MouldingEquipment

Extrusion Equipment

Injection MoldingEquipment

Vacuum Former

Photo Mask

Industrial laser

Machine Tools

Drill Tap

Die Caster

Electronic DischargeMachine

Gear Hobber

Grinder

Horizontal MachiningCenter

Vertical MachiningCenter

Machine Center

Ironworker

Boring Mill

Drilling Mill

Copy Mill

Press Brake

Press Shear

Punch Press

Saw

Stamping Press

Turning Equipment

Lathe

Packaging Equipment

Resistor

Sputter

Wood WorkingEquipment

Dovetailer

Table Saw

Radial Arm Saw

While mass produced equipment items tend to be easier to finance, more customized equipment types can also be considered depending on the alternative use for the asset if any and the financial strength of the company.

Certain specialized forms of equipment may even have manufacturer related guarantees or recourse available to equipment financing sources to reduce the lender or lessor risk. In these types of cases, the manufacturer can provide a variety of different security features including repurchasing and re-marketing of the asset in the event of borrower or lessee default.

Used manufacturing equipment can also retain significant market value for a long period of time allowing for industrial equipment even greater than 20 years old to still be considered for financing. This, however will always be assessed on a case by case basis by the source of financing, but if a resale market value can be established with a certain amount of ongoing active interest in the asset type being considered, then there is a good chance for financing to be available.

When multiple pieces of equipment are required, everything may be financed under one facility or financed by individual leases or loans.

When smaller manufacturer’s are looking to acquire several different pieces of equipment at one time, its not uncommon for each piece to be financed under a separate lease, each held by a different leasing company. In this manner, all the required financing can still be secured, but the risk is spread over multiple equipment financing sources.